Charles Dickens offered only A Tale of Two Cities. This week, I offer a tale of no less than six restructurings, as the crisis in the offshore sector comes to a head. One ..
Written by Hieronymus Bosch on . Posted in Jackups/Liftboats, Offshore Drilling & Extraction, Offshore World, Platform Supply, Seabed Mining, Standby, Rescue & Emergency Services, Subsea Surveying, Work Boat World Features.
Charles Dickens offered only A Tale of Two Cities. This week, I offer a tale of no less than six restructurings, as the crisis in the offshore sector comes to a head. One ..
Written by Hieronymus Bosch on . Posted in Jackups/Liftboats, Offshore Drilling & Extraction, Offshore World, Work Boat World Features.
Another Christmas Eve, another frantic effort from a struggling Norwegian offshore contractor to cobble together a deal with its creditors before the end of the year. A ..
Written by Hieronymus Bosch on . Posted in Ausmarine - Featured, Commercial Mariner - Featured, Jackups/Liftboats, Offshore Drilling & Extraction, Work Boat World Features.
Imagine an election where the president is a convicted murderer who killed fifteen of his opponents after ordering their torture in a UNESCO World Heritage site (here), ..
Written by Hieronymus Bosch on . Posted in Offshore Drilling & Extraction, Offshore World, Work Boat World Features.
Last week we looked here at how China State Shipbuilding Corporation has decided to restart work on a pair of unfinished deepwater drilling rigs in Shanghai Shipyard at ..
Written by Hieronymus Bosch on . Posted in Ausmarine - Shipping and Offshore, Commercial Mariner - Offshore, Jackups/Liftboats, Offshore Drilling & Extraction, Offshore Operations & Maintenance, Offshore Processing & Storage, Offshore World, Subsea Surveying, Unmanned Craft (Non-Naval), Work Boat World Features.
After announcing in October that it would liquidate the subsidiary that owns the FPSO Umuroa, and hand the idle vessel to the company administrators to maintain, remove ..
Written by Hieronymus Bosch on . Posted in Commercial Mariner - Offshore, Offshore World, Work Boat World Features.
The Memoirs of Sherlock Holmes by Sir Arthur Conan Doyle features the short story Silver Blaze, about the disappearance of a famous racehorse of that name, and the murder ..
Written by Hieronymus Bosch on . Posted in Commercial Mariner - Offshore, Jackups/Liftboats, Offshore Drilling & Extraction, Offshore World, Work Boat World Features.
Sometimes it is not only easier to walk away, but actually better The deepwater drilling industry is in crisis, as you know. In 2020, four major owners of deepwater rigs ..
Written by Hieronymus Bosch on . Posted in Offshore Construction, Offshore Drilling & Extraction, Offshore World, Work Boat World Features.
Last week saw another big win in the Serious Fraud Office’s efforts to bring yet another perpetrator to justice in the UK as part of the prosecutions in the Unaoil ..
Written by Hieronymus Bosch on . Posted in Ausmarine - Shipping and Offshore, Commercial Mariner - Offshore, Jackups/Liftboats, Offshore World, Platform Supply, Work Boat World Features.
All dictators seem to use the same playbook. They lock up or kill their opponents, purge their enemies, censor the press, bend the judiciary to their will, and in the ..
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